redbeer

Hello fellow filers and experts: I am doing a Sec 216 return with 3 rental properties disposed. I have 2 questions. Why is only one property, which had a capital gain, included on the generated Schedule 3? The two with losses are missing. And after capital gains are calculated and transferred to line 12700, what happens with that amount? It does not seem to be used anywhere further to calculate tax. Thank you.